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<br /> � 6. TRAN9FER OF THE PROPERTY:ASSUMPTION.if all or any pttrl of ihe propetty or interest therein is sold. Irensferred or i °
<br /> ' otherw�se conveyed by Trustor without Beneficiary's prior wr�ten consent, excludng (a) the crention of n lien or encumbrance „
<br /> aubordinate to Ihie Deed of Truat(b)the creatwn of a purchesse money secunh/mterest lor household appliancee,(c)a trensfer by i „ _
<br /> dowse,descenl or by opereUon of Inw upon the dealh of e jomf tenant or(d)the graM of any lensehold mterest of Ihreeyears or less ,�
<br /> not containing en option to purchase.euch actan is a breach of th�s agraemenL and Bonehc�ary may,ut BeneUciary's op�on.declttro � w�
<br /> sll the cume eecured by th�a Deed of Trust to be immediately due end payable,or cause the trustee to ide a notue of default. � I .,��
<br /> Benefiaiary sheu have waived auch option to accelerate i},pr�or to ihe eale, trensfer of convayance,Beneficinry and ihe peraon to � i .,.
<br /> whom the p�operty ia to be eold or trnnaferred reach agrsement in wrd�ng that ihe crodd of such poreon ia setiafndory lo Beneficiery � _
<br /> and thnt the mterest paynble on Ihe eums secured by thia Deed of Trost sheU be nt euch rato ao 8aneticinry ahnli requeel. ,� f
<br /> 8. ACCELERATION UPON DEFAULT,REMEOIEB:SALE.The la�lure by ihe Trustor lo make eny peymont a to perform eny o1 � �
<br /> the lerms and wnddions ol lho Noto,or any ronow�ls,moddicntione o�extens�ona thereol.or the payment of any olher indebtednesn � -
<br /> secured hereby or m the pertormance of any ot the covenant9 or egreemente hereunder nhell be a brsach o}this egreement and the �♦,, - -
<br /> � Beneficu�ry mey declare A dofeult and may declare all aume secured hereby�mmedietely due and payeble end th�same ehnll ��
<br /> theroupon bocome due and payable without preesntment,demnnd,protest or notice oi any kind.Thereafter,Denefic�ary may deliver ���
<br /> ta Truatee a vmtten decinratian ot defnult nnd demnnd tor anle. Truetor egreos end horeby prants that the Truelee ehal►have the � ,,�
<br /> power of sale of the Properry and if Benetainry decidea the Property is to be eold�t ahall depoeit with Trustee this Deed of Tmst and �;.:
<br /> the Note or nWea and any olher documents evdencmg expendrturea seared hereby, end BhaM delrver to Trustee a wnqen not�ce of , _, ,+;t,."
<br /> default nnd abcUon to csuse the Property to be aold,and Trustee,n tum.sheM prepare a simdnr notice in the torm reqwred by law, ±�'•�;`,%;;�,___
<br /> wh�ch shall be duly filed for recotd by Trustee. � .;�"��
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<br /> (a)After the Iapse ol euch time as may be requved by law fdbwmg the recordation of Notice of DefauN,and Nmxe ot Default
<br /> and Notice of Sale hawng been piven as required by law,Trustee,w�lhout demand on Trustor,shail sell Ihe Properry m one
<br /> or more parcels end m such order as Tructor may deterrnna on ihe date nnd the time ttnd place designated n said Natice i „
<br /> • of Sale,at publ�c auctwn to the highest bidder,the purchnse prwe pnyable m cash in Iawfui money of the UMed States at �. _:�
<br /> the ixne o1 sale.Tho peraon conductmg the sale may,for nny cause he or she deems expedfent.postpone Ihe sale trom
<br /> t�rne to time unti d shan be compieted and,in every such ease,notice of postponement ahall be grven by pub�c declarntion
<br /> I tF�ereaf by such potaon at the time end pince lest appoinled for ihe sale;provided,if the enle i8 poetponed 1or longer than
<br /> one(t) day beyond Ihe day designsted m the Notice ol3ale,notiee thereof sha�be grven m the same manner as the
<br /> � ongmal Nol�ce of Saie.Trustee shall execute and deliver to the purchasar de Deed conveymg the Properry so sold, but
<br /> 1 without any covenant or warranty.express,or implied.The recitels m the Deed of nny manners or facta ahaAbe conclusive
<br /> ; proof of the truth(uinoss thereof.Any person,includmg w�lhout lunitation Beneficuxry or Trustee,may purchsseat the sale.
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<br /> : (b) When Trustee eelis pursuant to the powers herein.Truslee eheN apply Ihe proceeds of ihe enle to peymeM of ihe coets
<br /> � and expenses of exerc�smg the power of sale and of the sale,ncludng,without hmdation,the paymom of Trustee's Fees ;1
<br /> �� incurred,which Truslee's Fees ehaN not m the aggregate exceed the following amounta based upon the amount secured
<br /> heroby and ramaimng unpaid:6 percentum on the balance thereof;and then lo the dems m eubperagraph(c)�n the order
<br /> therestated. �� ' �
<br /> n (c) Afler paymg the dems specified m subparagraph (b). d ihe salB ie by Trustee, or the proper court and dher costs ot ':;';`�'
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<br /> forecbaure and salo if the sale is pureuant to�udiaal foreclosure.the proceeds of sale aheli be applied�n the order stated •�,yv,�.. .
<br /> bebw to the payment of: �w���. ���
<br /> � ' (�)Attorneys tees and costs of coiieciion. - :
<br /> . . (2)Coet of any ewdonce of title procured in connectwn w�th such sele and of nny revenue requued to bo pad; ,+;',}'��,�"
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<br /> (3)All obNgations secured by lh�s Trust deed; *� r��.•.
<br /> (4)The remeinder,if nny,to the person Iegally entdled ihereto. ,�.
<br /> 7. ADDITIONAL SECURITY INSTRUMENTS.Trustor,at ds expenee.wdl exeeute end de4ver to the Benef�cfary,promptly upon '
<br /> demand,such secunty inctruments as may bo requved by Beneik�ary,n fwm end substance eat�sfedory to Benefivary,eovering � •�
<br /> any of the Property conveyed by this Deed of Trust,which secunty metruments shaY be edditional socurity kr Tmator's taithful 'r "�;�;
<br /> perfotmanee of all the terms,covenants and conddions of th�e Deed of Trust,the promiasory notes eecured hereby,nnd any other
<br /> - aecurrtyr msuuments executed m connechon wdh this trenoact�on. Such instruments ehaY be recorded or filed at 7rustor'e expense. _
<br /> r� 8. APPOINTMENT OF 9UCCESSOR TRUSTEE. BeneSc�ary mcy,from bme to time,by a wrrtten matrument executed and —�_—_
<br /> � ucknowledged by Benetic�sry,maded to Trustor and recorded m tl�e county or counUos in which tho Property fs beeted and by c- �
<br /> � othorwise complymg wrth Ihe proviawns of the applicnble lawe of the Stale ot Nebrnska subatrtute n auccessor or succeseors to the ,�_�-
<br /> Truetee named herein or act�ng hereunder.
<br /> � 9. INSPECTIONS. Benef�cu�ry,or�ts ngente,representahves or workmen,are authonzed to enter at nny reesonable time upon _
<br /> or m any pad of tha Property far the purpose of inspecting the same and for the purpose ot perform�ng any of the acte�is author�zed
<br /> � to periam under the terma of the Doed of Trusl. ==__
<br /> 10. OPTION TO FORECLOSE.Upon the occurrence of uny breach and upon the declaration of d�fault hereu�dor, Beneficiary w.,R�
<br /> �� shall have the option to foreclose this Oeed of Trual m the manner prowded by law for the foreclosure of mortgages on�eal property. ��_���_
<br />_ � 11. FOREBFARANCE BY BENEFICIARY OR TRUSTEE NOT A WAIVER.Any torebearance by Beneheiary or Trustee n =��
<br /> exercisng any right or remedy hereunder,or otherwise AHorded by appl�cable law,shaY not bo a warver of or preclude the exercise '`� _:
<br /> ol any sueh rght or remedy hereundec Likewise,the warver by Benetiaary a Tmstee of any delaull of Trustor under thre Deed of „� -j°��,'
<br /> � Trust ahall nol be deemed to be a waiver of nny other or simdar deMuits eubsequonlly occurring. �;�� ��
<br /> 12. TRUSTOR NOT RELEASED.Fxtension of the time for payment or moddication or Amortizstion of the eums secured by thre '°�;;�,•: ��w;
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<br /> Deed ol Trust grAnted bv Beno�iciary to any euccassor m mtereat of Truator ahnll not operate to release.in any manner,the hability of , .
<br />` Ihe ong�nal Trustor and Trustor'o successor in intarest. Beneficiery ahaA nW be reqwred to commence proceed�nge egenst cuch ' .'i :'
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<br /> • successor or refuoe to extend time for payment or otherwise modity amort¢ation of the sums secured by th�s Deed of Trust by �
<br /> reason of any domand made by the original Trustor and Truetor's succoasoro n interest. _. , .
<br /> 13. BcNEFICIARY'S POWERS. Without aftecting or releuaing the I�abidy of the Trustor or any other person I�aWo tor ihe
<br />= pAyment ol any obligution herein ment�oned,and without aNectmg the hen or cherge of this Deed oi Trust upon any portwn ot the
<br /> - Property not Ihon or thoretoforo releaced aa secunty for the full amount of aA unpaid obligations.Beneficiary may, trom t�mo to time
<br />- and w�ihoul noUCe nt the request of one or more Trustors(i)releose any person so Mable,(u)oxtend or ronow tho mcstairy or alter any
<br /> ot the lerrns ot any such oblignlions.(m)grant other indulgences.(�v) release or reconvey,or cause to be released a reconveyed at
<br /> any time al Beneficinry's option�any parcel,portion or all of the Properry, (v)take or release nny other or addihonulsecunly for Any
<br />�� � obhyotan herem menLOnod, (w) mako composdwno or other arrpngemanis wdh dobtors m relAbon thoroto.All Tmstois shull be !
<br />_ i �ointly and severully obl�gated and bound by the nctions oi the Benehc�ury or any tmstor as herem atnted. i
<br /> � t a A'RORNEV FEES.COST3 AND EXPENSES.If ihe Benehciary of this Oeed of Trust is a bunk as daf�ned by Nebrasku law. �
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<br /> any stale rnent contamed in Any other soction of thic doed notwithstandmg, the Beneficinry shall not bo entmed�o receN�or taiee und
<br /> _ avbtor shull not be obl�guled to pay or prve,uny conloccion of�udpment,powor oi attorney to contecs�udgment,power of oHorney lo
<br /> ` nppoar for o borrower �n n�ud�c�al proceedu�g o�ngreomont to pay the costs of coliecl�on or the nttornoys'feee.unlesa ihe interest
<br />_ . pnyuble by the terms ot Ihe Note referred to m th�s deed is 16%per unnum or loss,or the noto roferred to m th�s deed is repnysblo n i
<br /> I�vo or more equal or unequal in,tallmontc and over u ponod ot moro than ono hundred forty-five(145)months.Prondod,howover. �
<br /> �hat this�ectwn doos not apply ro the truetoo tee referred to m Paragrqph B-6(b) Prowded turthor that this Pnragraph B 14�hall nol i
<br /> apply lo this Deod of Trust. if the Boneficinry horpm is not n bank
<br />� ORI�INAL(t� � �
<br />�' �,n�u�,�rtv•vSN��r�os.o BORROWERCOPY(t) I o�lt,?Cro �
<br /> ,� � yRETENTIONCOPY(1)� i
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